How To Stop Foreclosure In Florida
Have you missed over 60 days of mortgage payments? Is the bank threatening to foreclose? Are you tired of your creditors’ harassing phone calls, but you don’t know what to do? ABC Capital Group has solutions that can possibly help save your credit, avoid foreclosure entirely, or help you sell your house and maybe even walk away with cash at close.
We are Florida‘s trusted and reliable direct cash home buyer. In addition to helping homeowners navigate the pre-foreclosure process, we make fair cash offers for houses in any condition, and we can close on a timeline that is as fast or as slow as you need. Even if your bank is calling you every day, threatening to sell your house at auction, we can help. Read our guide on how to stop foreclosure in Florida, talk with us to get experienced guidance on navigating the foreclosure process, or let us make you a fair cash offer for your property today.
How much time do you actually have?
If you have missed payments or already received papers from the court, you probably have more time and more options than you think. Florida is a judicial foreclosure state. That matters, because it means your lender cannot simply take the house — they have to sue you in court, and that takes time.
The usual sequence looks like this:
- Missed payments. Most lenders will not start proceedings until you are 90 to 120 days behind.
- The complaint is filed. You are served with a lawsuit. From the date you are served, you generally have 20 days to file a response with the court.
- No response means a default judgment. This is where most people lose time they did not have to lose. Not responding does not pause anything — it speeds everything up.
- Judgment and sale date. If the lender wins, the court sets an auction date, often 30 to 45 days out.
- The auction. The property is sold at a public sale, usually online in Miami-Dade and Broward.
From first missed payment to auction, this commonly runs eight months to over a year, and contested cases run longer. The point is not that you should relax — it is that you almost certainly have more room to act than the letters make it feel like.
The one date that matters most is your response deadline — roughly 20 days from being served. If that has not passed yet, talk to an attorney before it does. If it has passed, you still have options, but fewer of them.
This is general information about Florida’s foreclosure process, not legal advice. We are real estate investors, not attorneys. Timelines vary by case and by county. If you are in an active foreclosure, talk to a Florida foreclosure attorney — many offer a free first consultation.
Your options, honestly compared
Reinstate the loan
Pay the missed payments plus fees and the foreclosure stops. Best outcome if you can reach the money — a tax refund, family help, a lump sum. Costs you nothing long-term. Only works if the arrears are payable.
Loan modification or forbearance
Your lender changes the terms or pauses payments. Worth pursuing if your hardship was temporary and your income has recovered. Slow, paperwork-heavy, and approval is not guaranteed. Start it early, not the week before a sale date.
List the house with an agent
If you have equity, time, and the house shows well, this nets you the most money. The risk is timing — a listing that takes 60 days to go under contract and another 45 to close does not help if your auction is in six weeks. Financed buyers can also fall through.
Sell to a cash buyer
This is what we do. You get less than a retail sale would bring, and we will not pretend otherwise. What you get instead is a firm closing date, no repairs, no showings, no financing contingency, and the ability to pay the lender off before the auction. It makes sense when the deadline is real and the certainty is worth more than the last few percent of price. Here is how we arrive at the number.
Short sale
If you owe more than the house is worth, the lender may accept less than the full balance. Slower, because the lender has to approve, but it can resolve a situation with no equity.
Deed in lieu of foreclosure
You hand the property back voluntarily. Simpler than foreclosure, still damages your credit, and you walk away with nothing. Usually a last resort.
Bankruptcy
Filing triggers an automatic stay that halts the sale. This is a significant decision with long consequences and it belongs with a bankruptcy attorney, not with us. We mention it because it is a real option and you deserve the full list.
Where we fit
ABC Capital Group buys houses in Miami-Dade and Broward for cash. In a foreclosure situation, that usually means we pay off the lender directly at closing and you keep whatever equity is left over. In practice:
- We make an offer within 24 hours of seeing the property
- We pull title early, so surprises surface at the start instead of the week of closing
- We coordinate with your lender for the payoff figure
- You choose the closing date, as long as it lands before the sale
- You pay no commissions, no fees, and no closing costs
When we will tell you not to sell to us
If you have significant equity and a real runway before your sale date, listing the house will usually put more money in your pocket. If your hardship was temporary and your income is back, a loan modification keeps you in the home, which a sale does not. We would rather say that on the first call than take a deal that was not your best option.
We also handle novations, which in the right situation nets a seller more than a straight cash sale. Part of the first conversation is working out which of these actually fits you. More answers are in our frequently asked questions.
Talk to someone today
Call (305) 876-6180. You will reach one of the three owners — Bleider, Alexander or Christian — not a call centre and not a lead form that sells your information to six other companies. Or request an offer online.
Bring whatever paperwork you have, especially anything from the court. Even if we are not the right answer, we will tell you where you stand and what your deadlines are.
ABC Capital Group LLC · 18191 NW 68 Ave, Suite 112, Hialeah, FL 33015 · Florida registration L22000373770 · Verify us here
Talk with real people who have helped others avoid foreclosure.
We can help avoid foreclosure and the hassles of listing your house with our Florida Cash Offer Program. Ultimately, we are here to help you find solutions and are happy to talk you through the pre-foreclosure process and what you need to do next.
Behind on your mortgage? We’ll deal with the bank.
Selling your house can be stressful enough! We’re experienced homebuyers and can work with your lender to forestall foreclosure and ensure that you don’t have to deal with them again after the house is purchased.
Get a fair cash offer, close and get your life back.
For homeowners facing foreclosure, time is not on their side. But with our Cash Offer Program, we close much sooner than the traditional listing timeline and put foreclosure worries to bed.
We can guide you through every step of our straightforward selling process.
Need To Stop Foreclosure Now?
If you’re in pre-foreclosure and want to learn how to stop foreclosure asap, the best thing you can do right now is to educate yourself on your options. We’ve created free online guides to help homeowners just like you find out your options on getting out of the sticky situation you’re in right now.
Remember, you aren’t the first person to go through a foreclosure…and won’t be the last. So don’t feel ashamed. It happens.
For some people, selling your home is the best and quickest option (we’ll make a fair all-cash offer on your house today, just let us know about your situation here). Beyond a cash offer, we’ve been able to help STOP FORECLOSURE completely through education and helping homeowners understand the resources available to them. These resources are readily available to you! Click here to get your free foreclosure guide.
If you are a Florida homeowner and are trying to find a way to avoid foreclosure and save your credit, ABC Capital Group has a solution. We have provided solutions to countless others facing foreclosure and would love to talk through your options with you. Best of all, when we buy your house directly from you, we buy it as-is. You walk away without having to do a single repair or upgrade. It’s that easy and convenient. Florida area homeowners that are already struggling with a high interest rate and months of missed mortgage payments can’t afford the time and cost of selling their home through a traditional real estate agent. That’s where our easy selling process can help.